$261,000
ATTENTION INVESTORS! Wow, cash flowing four plex for sale near GE Electric Works, get it before it is gone! Very few properties have two bedroom units in each apartment in a four plex in Ft. Wayne. Each apartment is a two bed one bath unit with average rents between 650 and 800 per month. (With room to grow rents) Each unit has individual gas and electric meters, currently owner only pays water. New roof in 11/21, and recent updates in each unit within the last couple years, with one unit updated 11/24. Total possible rent in market is 800 per unit or 3200 total per month. (Meets the 1% rule, investors!) Currently managed by professional Management company willing to continue managing for new owner. (Second property for sale at 2506 Miner, get the whole block, invest in 2 properties, and get 6 units)
Turn South off of Creighton, first house on the left.
MLS # | 202501065 |
---|---|
Date Listed | 2025-01-11 |
Status | Active |
Property Type | Investment |
Property SubType | Fourplex |
Finished Square Feet | 2818 sqft |
Total Square Feet | 3532 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 8 |
Bathrooms | 4 |
Year Taxes Payable | 2981.2 |
Year Built | 1900 |
Virtual Tour | propertypanorama.com » |
Days on Market | 4 |
Living Room | 4 × 0 | Level |
4th Bedroom | 4 × 4 | Level |
5th Bedroom | 4 × 4 | Level |
Full Baths | 8 Main |
Construction | Fourplex |
---|---|
Lot Size | 6,970 sq ft |
Acreage | 0.16 Acres |
Lot Dimensions | 150X45 |
Fence | None |
Area | Allen County |
---|---|
County | Allen |
Subdivision | Fairfield(s) |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46807 |
School District | Fort Wayne Community |
---|---|
Elementary | South Wayne |
Middle School | Portage |
High School | South Side |
Assoc. Dues | $0.00 Not Applicable |
---|
MLS# 202501065
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Harrison Bolyard
CENTURY 21 Bradley Realty, Inc
Cell: 574-238-0777
Listing updated January 11, 2025 at 8:00 pm
Last checked 9 minutes ago